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St Andrew’s insurance is set to become an independent player in the Australian market after being sold by the Bank of Queensland to investment player, Farmcove Investment...
Financial planning
The new tool is meant to help consumers find a financial adviser working at ASX trading participants....
Funds management
Dividend cuts during reporting season is an important reminder that a long-term outlook is required for generating income from equities, according to First Sentier Invest...
Funds management
WAM Capital has announced its conditional off-market takeover bid for Contango Income Generator Limited, offering shareholders an opportunity to exit. ...
Funds management
Despite the average Australian equity fund returning 41% over the last five years, fears of underperformance and hidden fees are the biggest challenges for firms to dispe...
Financial planning
Non-advised clients were more likely to switch their investments to cash or increase cash allocations during the pandemic than advised ones, according to the Australian S...
Policy & Regulation
Barely weeks after the new litigation funding licensing regime became law, one of the biggest funders has obtained its Australian Financial Services License. ...
Funds management
Charter Hall Group has extended its partnership with BP by creating a new fund that has acquired a 49% interest in a NZ$534 million portfolio leased to BP in New Zealand....
Funds management
The ASX Small Ordinaries returned 7.25% in August and one fund has returned 23% over the past year. ...
Funds management
The Australian Competition and Consumer Commission will not oppose the Iress acquisition of OneVue....
Financial planning
IOOF has sought a two-day trading halt as part of a capital raise for a potential acquisition. ...
Policy & Regulation
The Australian Securities and Investments Commission has signalled it will not be pursuing the Commonwealth Bank over possible AUTRAC-related violations of the Corporatio...
Financial planning
Centrepoint Alliance has reported a 61% growth in adviser fees during FY20, followed by an 11% growth in gross revenue driven by strong growth in new advisers and signifi...
Funds management
Funds under management rose 110% for Netwealth’s managed accounts as the firm releases its results for FY2020. ...
Financial planning
The big four bank said it would not pay dividends for the first half of 2020 to retain its strong balance sheet while it monitored the uncertain environment....
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So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...